In a turn of events that even the most hardened market watchers would call “interesting,” the LUNA Classic (or LUNC, if you’re feeling fancy) decided it was time to channel its inner fireworks show. Today, December 5th, it shot up so high you’d think it had a meme whisperer guiding it, reaching heights not seen since the halcyon days of Nov 3-when everyone was still pretending the crypto market wasn’t just a casino with better branding.
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Looking at the chart, it’s clear LUNC bottomed out at a tiny $0.0000255 this week. Then, in a move that could be interpreted as hope or sheer stubbornness, rallied to $0.000042. The secret? A double-bottom pattern-because sometimes all a coin needs is a bit of symmetry and some luck.
It’s now cresting above the 50-day moving average, which is trader-speak for “Bulls are waking up.” Oscillators are pointing higher, and the scene might just be set for a dash to $0.000050-April, June, and February’s least favorite number-where it might just run into the dead end of historical resistance or maybe a meme or two.
So, buckle up-we’re in for what might be a brief climb, or just a classic crypto rollercoaster where the only thing certain is your stomach churning every time you check the charts.
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2025-12-05 18:36